Terms And Conditions

Collection and Use of Personal Information 

I/We understand that Platinum Mortgages (“PM”) collects personal information in accordance with and for purposes detailed in its privacy policy available at “Privacy Policy”, including to provide the services requested, better understand my/our financial needs and determine how Platinum Mortgages (“PM”) may be of service to me/us. The type of information collected and related purposes include:

a) Data such as name, address, contact numbers, email contact, income, employment, age, net worth, investment objectives, insurance coverage and banking information;
b) Unique identifiers: such as social insurance, driver’s license, passport numbers, etc. (as authorized by law); used to fulfill regulatory and other governmental obligations as well as to confirm and/or authenticate my/our identity;
c) Information from a consumer reporting agency or other source, which may include account information and/or information about my/our creditworthiness to help determine a mortgage or related products for my/our needs and to establish or verify my/our credit.

 
Sharing of Personal Information: 

I/We the undersigned understand that Platinum Mortgages (“PM”) may share my personal information as detailed in its Privacy Policy, including with its brokers or anyone acting as an agent on its behalf (“Authorized Agent”), including as follows:

a) Platinum Mortgages (“PM”) may share my/our personal information to credit bureau agencies, financial institutions, private investors, insurance companies, etc. to determine my/our eligibility for products and services.
b) Platinum Mortgages (“PM”) may share my/our personal information to Authorized Agents or Affiliated Companies, as needed for the provision of services or products requested and/or as detailed in its Privacy Policy.
c) Platinum Mortgages (“PM”) shall use my/our social insurance number as an aid to identify me/us with credit bureau agencies and financial institutions and for credit history file matching purposes.
d) Subject to my/our right to withdraw consent detailed in the Privacy Policy and optional consents provided in this Consent and Privacy Agreement, Platinum Mortgages (“PM”) may use my/our information to conduct surveys on the quality of its products and services or to provide me/us with offers for additional products and services that they feel may be of interest to me/us.

 
Credit Bureau Consent:

 

I/We the undersigned, declare the information provided in the mortgage application is a true and complete representation. I/We understand that it is being used to determine my/our credit worthiness and to evaluate my/our request for credit. I/We authorize Platinum Mortgages (“PM”) or their designate to obtain a credit report. I/We acknowledge that the completion of a credit application may take time and it might entail additional credit reports. I/We authorize Platinum Mortgages (“PM”) to exchange such credit information or obtain additional credit reports for up to six (6) months from the date signed below for the purpose of securing credit or other products and services with potential mortgage lenders, insurance companies, Authorized Agents or other service providers.

 
Sharing for Insurance Products and Services:

I/We authorize companyname to share my/our contact details including name, phone number, email address and mortgage file to an insurance brokerage firm duly authorized by companyname, if permitted by law, so that they can collect the necessary information to offer me/us competitive life insurance products tailored to my/our needs and which I/We can accept or decline at any time.

Home/Auto Insurance. I/We authorize Platinum Mortgages (“PM”) to share my/our contact details including name, phone number, email address and mortgage file to the property and casualty insurance brokerage firm duly authorized by Platinum Mortgages (“PM”), so that they can collect the necessary information to offer me/us highly competitive home and auto insurance products tailored to my/our needs and which I/We can accept or decline at any time.

 
Canada Anti-Spam Legislation:

 

I/We authorize Platinum Mortgages (“PM”), affiliated companies and authorized agents to keep in touch with me/us via electronic messaging in order to provide me/us with content and provide insightful information on mortgages, finances, etc. I/We wish to be kept informed and consent to the receiving of these informative electronic communications. I/We understand that I/we can withdraw consent at any time. I/We understand that even if I/We do not provide my/our express consent to receive promotional communications, I/We may still be contacted, if authorized under applicable anti-spam legislation, for example if I/We have recently entered into a transaction with Platinum Mortgages (“PM”) (and therefore, Platinum Mortgages (“PM”) has my/our implied consent) as well as for transactional purposes such as contacts for customer service and/or product or service information, status updates or renewals, reminder notices or answers to my/our questions or inquiries.

 

Ongoing Commitment:

I/We acknowledge the Platinum Mortgages (“PM”) Privacy Policy is available for review at https://www.platinummortgages.ca/privacy-policy, and understand that the collection, use and disclosure of my/our personal information by Platinum Mortgages (“PM”) will be done in accordance with such Privacy Policy.

I/We agree that a photocopy or electronic copy of this Consent and Privacy Agreement has the same value as the original one.